Bank Lending Rate in Hong Kong remained unchanged at 5 percent in October from 5 percent in September of 2020. source: Hong Kong Monetary Authority
Bank Lending Rate in Hong Kong averaged 7.68 percent from 1980 until 2020, reaching an all time high of 19.61 percent in October of 1981 and a record low of 5 percent in February of 1987. This page provides - Hong Kong Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Prime Lending Rate - values, historical data and charts - was last updated on November of 2020.
Bank Lending Rate in Hong Kong is expected to be 5.13 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Hong Kong to stand at 5.00 in 12 months time. In the long-term, the Hong Kong Prime Lending Rate is projected to trend around 5.38 percent in 2021 and 5.00 percent in 2022, according to our econometric models.